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HSBC released its list of US stocks with the highest exposure to emerging markets.
The companies on the list have an average exposure of 65% of total revenues and the entire list has outperformed the broader US market by 20%. Much of that performance is driven by the fact that many of these stocks are from the IT sector.
The list includes many semiconductor companies such as Texas Instruments and Qualcomm, along with companies from the consumer services, utilities, and software sectors.
Here is HSBC’s US stocks with the highest exposure to emerging markets.
Las Vegas Sands
Reuters
Ticker: LVS
Industry Group: Consumer services
Emerging Market %: 58
Domestic Market %: 42
Miscellaneous %: 0
Source: MSCI, Thomson Reuters Datastream, HSBC
Philip Morris International
AP Images
Ticker: PM
Industry Group: Food, beverage, and tobacco
Emerging Market %: 59
Domestic Market %: 31
Miscellaneous %: 11
Source: MSCI, Thomson Reuters Datastream, HSBC
Microchip Technology Inc.
(AP Photo/Aijaz Rahi)
Ticker: MCHP
Industry Group: Semiconductors and semiconductor equipment
Emerging Market %: 59
Domestic Market %: 41
Miscellaneous %: 0
Source: MSCI, Thomson Reuters Datastream, HSBC
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